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This property looks like a bad Long-Term investment with a projected -9.05% first-year return on $50,400 initial cash invested.
-9.05%
Cash On Cash
5.34%
Cap Rate
0.79
DSCR
$2,058
Rent
-$380
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,058 income − $2,438 expenses = $380 out of pocket
Investment Breakdown
|
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,400
Downpayment
20%
$48,000
Closing costs
1%
$2,400
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,058
Total Expenses
$2,438
Mortgage P&I
65%
$1,344
Property Taxes
23%
$475
Home Insurance
4%
$84
HOA
0%
$0
Property Management
10%
$206
CapEx
5%
$103
Vacancy
6%
$123
Maintenance
5%
$103
Other
0%
$0